Global Industrial Hemp Market Size, Status, and Forecast 2022-2028. In-depth research accumulated to offer Latest insights about acute features of the global Industrial Hemp market. This report provides a detailed overview of key factors in the Industrial Hemp Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Industrial Hemp in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.
The global Industrial Hemp market was valued at 1013.96 Million USD in 2021 and will grow with a CAGR of 14.68% from 2021 to 2027.
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Global Major Players in Industrial Hemp Market are:
Kazmira, Medical Marijuana, Inc., Charlotte’s Web CBD, CV Sciences, Folium Biosciences, Endoca, Aurora Cannabis, Aphria, Canopy Growth Corporation, Manitoba Harvest, Hankang (Yunnan) Biotechnology, Yunnan Hansu Biotechnology, Yunnan Hamusen Biology, Kunming BiouNIO Biotechnology, Asan Wuxing Biology, Yunnan Yunxing Biotechnology, Huayun Jinxin Biotechnology, Yunma Biotechnology (Chenguang Biotechnology), and Other.
Market Outlook:
Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp is one of the fastest growing plant on Earth. It was also one of the first plants to be spun into usable fiber 50,000 years ago. It can be refined into a variety of commercial items, including paper, rope, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed.
Global industrial hemp key players include Canopy Growth Corporation, Charlotte’s Web CBD, Aurora Cannabis, Folium Biosciences, Endoca, etc. Global top five manufacturers hold a share over 30%. North America is the largest market, with a share about 60%, followed by Europe, and Latin America, total have a share about 40 percent. In terms of product, CBD Oil is the largest segment, with a share over 75%. And in terms of application, the largest application is Medicine, followed by Food and Beverage, Cosmetics, etc.
Most important types of Industrial Hemp covered in this report are:
CBD Oil
CBD Crystal
Most widely used downstream fields of Industrial Hemp Market covered in this report are:
Medical and Pharmaceutical
Food and Beverage
Cosmetics
Other
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Industrial Hemp Market:
– Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Industrial Hemp market (2022-2028).
– Chapter 2: Exclusive Summary – the basic information of the Global Industrial Hemp Market.
– Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Industrial Hemp; Post COVID Analysis.
– Chapter 4: Presenting the Global Industrial Hemp Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
– Chapter 5: Displaying the by Type, End User and Region/Country 2018-2022.
– Chapter 6: Evaluating the leading manufacturers of the Global Industrial Hemp Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
– Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2028).
The report has 150 tables and figures browse the report description and TOC:
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